A PYMNTS Company

Brazil: Meat companies BRF and Marfrig agree to discuss merger filing

By  |  June 2, 2019

The boards of Brazilian food processors BRF SA and Marfrig Global Foods SA have agreed to open discussion on a potential merger of the two companies that would create one of the world’s largest meat producers, they said on Thursday in a securities filing.

The potential merger could include the consolidation of assets and shares in a new company, though no structure has yet been defined, the filing said. (Reporting by Anthony Boadle Editing by James Dalgleish).

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.